Fuxing China Group Ltd 2020 Annual Report
Company: Fuxing China Group Ltd
Sector: Manufacturing
Country: China
Year: 2020
Type: Annual Report
Pages: 114
The report presents FY2020 as a difficult year shaped by COVID-19: group revenue declined to RMB697.9 million and the Group recorded a RMB147.8 million loss after tax. It highlights the partial disposal of the Xiamen office building, with proceeds supporting debt repayment and planned machinery automation. Sustainability disclosure is limited to a summary of eight ESG topics, while the full Sustainability Report was scheduled for publication by end May 2021; the Audit Committee reviewed its implementation process.
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